A corporation is considering the following three options: (1) paying a $0.45 cash dividend, (2) distributing a 10% stock dividend, or (3) declaring a 3-for-1 stock split. The current fair value of common shares is $12 per share. In the chart below, indicate the financial impact on the financial statement items listed of each action under consideration Before Action (1) After Cash Dividend (2) After Stock Dividend 3) After Stock Split Total Assets $1.650.000 $ $ Total Liabilities 50,000 Common 1,000,000 Shares Retained 600,000 Earnings Total Shareholders 1.600,000 Equity Total Liabilities and 1,650,000 Current Attempt in Progress A corporation is considering the following three options: (1) paying a $0.45 cash dividend, (2) distributing a 10% stock dividend, or (3) declaring a 3-for-1 stock split. The current fair value of common shares is $12 per share. In the chart below, indicate the financial impact on the financial statement items listed of each action under consideration. Before Action (1) After Cash Dividend (2) After Stock Dividend (3) After Stock Split Total Assets $1,650,000 $ 147000 $ 147000 $ 147000 Total Liabilities 50,000 50000 50000 50000 Common 1.000.000 1000000 Shares Retained 600,000 582000 582000 Earnings Total Shareholders 1,600.000 Equity Total Liabilities and Shareholders 1,650,000 1650000 1650000 ING -/11 1 582000 1450000 150000 Common Shares 1,000,000 1000000 Retained 600,000 Earnings 582000 Total Shareholders' 1.600,000 Equity Total Liabilities and 1,650,000 Shareholders Equity Number of Common 40,000 40000 40000 Shares Save for Later Last saved 4 minutes ago. Saved work will be auto-submitted on the due date Auto submission can take up to 10 minutes Attempts: 0 of 1 used Submit Answer eTextbook and Media . EN